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This note introduces a scoring rule for ordinal likelihood judgments based on the linear scoring rule. If the ordinal judgments are strict, the scoring rule is incentive compatible for expected utility maximizers as long utility is increasing in wealth. When allowing for non-strict judgments,...
Persistent link: https://www.econbiz.de/10010678823
This paper aims at proposing measures of polarization for the distribution of a variable when information on the latter is only ordinal. The measures proposed are borrowed from the recent literature on the measurement of segregation. An empirical illustration is given, based on the European...
Persistent link: https://www.econbiz.de/10009025326
Social polarization refers to the measurement of the distance between different social groups, defined on the basis of variables such as race, religion, or ethnicity. We propose two approaches to measuring social polarization in the case where the distance between groups is based on an ordinal...
Persistent link: https://www.econbiz.de/10011151198
Pastaraisiais metais Lietuvoje nekilnojamojo turto rinka sparčiai auga. Toks spartus šalies nekilnojamojo turto rinkos augimas yra įtakojamas keleto pagrindinių veiksnių: gyventojams atsivėrė plačios skolinimosi galimybės, gerėjanti ekonominė situacija suteikia žmonėms didesnių...
Persistent link: https://www.econbiz.de/10009479063
Conjoint analysis is widely used as a marketing research technique to study consumers? product preferences and simulate customer choices. It is used in designing new products, changing or repositioning existing products, evaluating the effect of price on purchase intent, and simulating market...
Persistent link: https://www.econbiz.de/10009482356
Customers change their preferences while getting more familiar with services or being motivated to change their buying habits. Different sources of motivation induce customers to change their behavior: an advertisement, a leader in a reference group, satisfaction from services usage and other...
Persistent link: https://www.econbiz.de/10009482364
The main aim of the article is to assess an influence of the last global financial crisis on the level of fiscal burden in Central European countries compared to old member states of the EU. In the research the fiscal burden was treated as multidimensional phenomenon, which should be analyzed...
Persistent link: https://www.econbiz.de/10012232489
This paper presents a new methodology to recommend the most suitable Multi-Criteria Decision Making (MCDM) method from a subset of candidate methods when risk and uncertainty are anticipated. A structured approach has been created based on an analysis of MCDM problems and methods...
Persistent link: https://www.econbiz.de/10012662749
The prediction of areas susceptible to floods is essential for the protection of the population living in vulnerable conditions. It is only possible when the main contributing factors are pointed out. It is very challenging for hydrologists to run models when the input data are not...
Persistent link: https://www.econbiz.de/10012662758
Persistent link: https://www.econbiz.de/10010512612